If you open up your iphone's map application and search around for food you'll see that AAPL will direct you towards YELP's platform. Ultimately this shows that #apple has interest in #yelp's success and would compete against #GOOGL to make sure they sustain their market position. Do you think AAPL would really want to lose to GOOG maps?
I don't see anything wrong with considering YELP at these price levels because you never know which entity with 100B+ balance sheet would consider acquiring YELP...
Trade fechado: stop atingido
Broader markets are selling here with Asia and Europe both in red. Stopped out.
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